Personal Accident and Health Insurance in Argentina, Key Trends and Opportunities to 2018

Published: Aug, 2014 | Pages: 235 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)


Synopsis
The report provides in depth market analysis, information and insights into the Argentine personal accident and health insurance segment, including:
The Argentine personal accident and health insurance segment's growth prospects by insurance categories 
Key trends and drivers for the personal accident and health insurance segment 
The various distribution channels in the Argentine personal accident and health insurance segment
The detailed competitive landscape in the personal accident and health insurance segment in Argentina
Detailed regulatory policies of the Argentine insurance industry
A description of the personal accident and health reinsurance segment in Argentina
Porter's Five Forces analysis of the personal accident and health insurance segment
A benchmarking section on the Argentine personal accident and health insurance segment in comparison with other countries in the Central and Latin American region 

Summary
In terms of gross written premium, the Argentine personal accident and health segment registered a healthy growth rate during the review period, despite high inflation, stock market fluctuations and an economic slowdown in 2012. The segment grew at review-period CAGR of 35.8%. Growth was partly attributed to increasing outbound travels, disposable incomes, rising healthcare expenditure and the growing awareness of the benefits of this insurance. These factors, coupled with the anticipated positive development of Argentine GDP, are expected to support the personal accident and health insurance segment over the forecast period. As such, the segment's gross written premium is projected to increase at a forecast-period CAGR of 28.1%. 
Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in Argentina:
It provides historical values for the Argentine personal accident and health insurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period.
It offers a detailed analysis of the key sub-segments in Argentine personal accident and health insurance segment, along with market forecasts until 2018.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
It analyses the various distribution channels for personal accident and health insurance products in Argentina.
Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in Argentina for the personal accident and health insurance segment.
It provides a detailed analysis of the reinsurance segment in Argentina and its growth prospects.
It profiles the top personal accident and health insurance companies in Argentina and outlines the key regulations affecting them. 
Reason To Buy
 Make strategic business decisions using in depth historic and forecast market data related to the Argentine personal accident and health insurance segment and each category within it
Understand the demand-side dynamics, key market trends and growth opportunities within the Argentine personal accident and health insurance segment
Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the Argentine insurance segment and its impact on companies and the market's future 
Key Highlights
 In terms of gross written premium, the Argentine personal accident and health segment registered a healthy growth rate during the review period, despite high inflation, stock market fluctuations and an economic slowdown in 2012.
Outbound tourism is flourishing in Argentina, as a result of the growing economy and high inflation rate, which limits the country's expenditure.
Changing lifestyle patterns and an improving public awareness of diseases has led to increased consumer expenditure on healthcare.
Argentina suffers from a very high and unstable inflation rate, which has affected various sectors such as consumer goods and property.
Argentina has one of the highest rates of road accident deaths in the Latin American region.
The personal accident and health segment is highly competitive in the presence of both domestic and foreign companies.

 1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Regiol Market Dymics
3.1 Overview
3.1.1 Market trends
3.1.2 Market size
4 Persol Accident and Health Insurance Segment - Regiol Benchmarking
4.1 Scale and Penetration
4.1.1 Total market gross written premium
4.1.2 Premium per capita
4.1.3 Persol accident and health insurance penetration (as a percentage of GDP)
4.2 Growth
4.2.1 Gross written premium
4.2.2 Gross written premium per capita
4.3 Efficiency and Risk
4.3.1 Loss ratio
4.3.2 Incurred losses per capita
4.3.3 Incurred losses as a percentage of GDP
4.4 Distribution Channels
4.4.1 Direct marketing
4.4.2 Bancassurance
4.4.3 Agencies
5 Argentine Insurance Industry Attractiveness
5.1 Insurance Industry Size, 2009-2018
5.2 Key Industry Trends and Drivers
5.3 Challenges
5.4 Recent Market Developments
6 Persol Accident and Health Insurance Segment Outlook
6.1 Consumer Segmentation
6.2 Product and Marketing Strategies
6.3 Persol Accident and Health Insurance Growth Prospects by Category
6.3.1 Persol accident
6.3.2 Travel insurance
6.3.3 Health insurance
7 Alysis by Distribution Channels
7.1 Direct marketing
7.2 Bancassurance
7.3 Agencies
7.4 E-commerce
7.5 Brokers
7.6 Other channels
8 Porter's Five Forces Alysis - Argentine Persol Accident and Health Insurance
8.1 Bargaining Power of Suppliers: Low to Medium
8.2 Bargaining Power of Buyer: Medium
8.3 Barriers to Entry: Low
8.4 Intensity of Rivalry: Medium
8.5 Threat of Substitutes: Low
9 Reinsurance Growth Dymics and Challenges
9.1 Reinsurance Segment Size, 2009-2018
9.2 Reinsurance Segment Size by Premium Ceded, 2009-2018
10 Governce, Risk and Compliance
10.1 Legislation Overview and Historical Evolution
10.2 Legislation and Market Practice by Type of Insurance
10.2.1 Life insurance
10.2.2 Property insurance
10.2.3 Motor insurance
10.2.4 Marine, aviation and transit insurance
10.2.5 Persol accident and health insurance
10.3 Compulsory Insurance
10.3.1 Social Security Scheme
10.3.2 Motor third-party liability insurance
10.4 Supervision and Control
10.4.1 Intertiol Association of Insurance Supervisors
10.4.2 Association of Insurance Supervisors Latin America
10.4.3 Superintendence of Insurance (SSN)
10.5 Non-Admitted Insurance Regulations
10.5.1 Overview
10.5.2 Intermediaries
10.5.3 Market practices
10.5.4 Fines and pelties
10.6 Company Registration and Operations
10.6.1 Types of insurance organization
10.6.2 Establishing a local company
10.6.3 Foreign ownership
10.6.4 Types of license
10.6.5 Capital requirements
10.6.6 Solvency margins
10.6.7 Reserve requirements
10.6.8 Investment regulations
10.6.9 Statutory return requirements
10.6.10 Fee structure
10.7 Taxation
10.7.1 Insurance premium or policy taxation
10.7.2 Withholding taxes on premium paid overseas
10.7.3 Corporate tax
10.7.4 VAT
10.7.5 Captives
10.8 Legal System
10.8.1 Introduction
10.8.2 Access to court
10.8.3 Altertive dispute resolution (ADR)
11 Competitive Landscape and Strategic Insights
11.1 Overview
11.2 Meridiol Seguros de Argenti - Company Overview
11.2.1 Meridiol Seguros de Argenti - key facts
11.3 Alico Compania de Seguros SA - Company Overview
11.3.1 Alico Compania de Seguros SA - key facts
11.4 ACE Argenti - Company Overview
11.4.1 ACE Argenti - key facts
11.5 MetLife Seguros de Vida SA - Company Overview
11.5.1 MetLife Seguros de Vida SA - key facts
11.6 HSBC Seguros de Vida Argenti SA - Company Overview
11.6.1 HSBC Seguros de Vida Argenti SA - key facts
11.7 Santander Rio Seguros SA - Company Overview
11.7.1 Santander Rio Seguros SA - key facts
11.8 BBVA Consolidar Seguros SA - Company Overview
11.8.1 BBVA Consolidar Seguros SA - key facts
11.9 CNP Assurances Compania de Seguros SA - Company Overview
11.9.1 CNP Assurances Compania de Seguros SA - key facts
11.1 Mapfre Argenti Seguros De Vida SA - Company Overview
11.10.1 Mapfre Argenti Seguros De Vida SA - key facts
11.11 Origenes�Seguros De�Vida SA - Company Overview
11.11.1 Origenes�Seguros De�Vida SA - key facts
11.12 Caja de Seguros SA�- Company Overview
11.12.1 Caja de Seguros SA�- key facts
11.13 cion Seguros SA - Company Overview
11.13.1 cion Seguros SA - key facts
12 Business Environment and Country Risk
12.1 Business Confidence
12.1.1 Market capitalization trend - Buenos Aires Stock Exchange, Argenti
12.2 Economic Performance
12.2.1 GDP at current prices (US$)
12.2.2 GDP per capita at current prices (US$)
12.2.3 GDP by key sector
12.2.4 Agriculture, hunting, forestry and fishing net output at current prices (US$)
12.2.5 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
12.2.6 Manufacturing net output at current prices (US$)
12.2.7 Manufacturing net output at current prices as a percentage of GDP
12.2.8 Mining, manufacturing and utilities at current prices (US$)
12.2.9 Mining, manufacturing and utilities at current prices, as percentage of GDP
12.2.10 Construction net output at current prices, (US$)
12.2.11 Construction net output at current prices as a percentage of GDP
12.2.12 Inflation rate
12.2.13 Exports as a percentage of GDP
12.2.14 Imports as a percentage of GDP
12.2.15 Merchandise exports growth
12.2.16 Merchandise imports growth
12.2.17 Annual average exchange rate EUR-US$
12.3 Infrastructure
12.3.1 Commercial vehicles exports - total value
12.3.2 Commercial vehicles imports - total value
12.3.3 Automotive exports - total value
12.3.4 Automotive imports - total value
12.3.5 Total internet subscribers
12.4 Labor Force
12.4.1 Unemployment rate
12.5 Demographics
12.5.1 Gross tiol disposable income (US$)
12.5.2 Total population
12.5.3 Urban and rural populations
12.5.4 Age distribution of the total population
13 Appendix
13.1 Methodology
13.2 Contact Timetric
13.3 About Timetric
13.4 Timetric's Services
13.5 Disclaimer


List of Tables
Table 1: Insurance Industry Definitions
Table 2: Central and Latin America - Insurance Penetration as a Percentage of GDP (%), 2011
Table 3: Central and Latin America - Life Expectancy (Years), 2007, 2011 and 2016
Table 4: Argentine Insurance - Gross Written Premium by Segment (ARS Billion), 2009-2013
Table 5: Argentine Insurance - Gross Written Premium by Segment (US$ Billion), 2009-2013
Table 6: Argentine Insurance - Gross Written Premium by Segment (ARS Billion), 2013-2018
Table 7: Argentine Insurance - Gross Written Premium by Segment (US$ Billion), 2013-2018
Table 8: Argentine Insurance - Segmentation, Gross Written Premium (% Share), 2009-2018
Table 9: Argentine Insurance - Direct Written Premium by Segment (ARS Billion), 2009-2013
Table 10: Argentine Insurance - Direct Written Premium by Segment (US$ Billion), 2009-2013
Table 11: Argentine Insurance - Direct Written Premium by Segment (ARS Billion), 2013-2018
Table 12: Argentine Insurance - Direct Written Premium by Segment (US$ Billion), 2013-2018
Table 13: Argentine Insurance - Segmentation, Direct Written Premium (% Share), 2009-2018
Table 14: Argentine Persol Accident and Health Insurance - Gross Written Premium by Category (ARS Million), 2009-2013
Table 15: Argentine Persol Accident and Health Insurance - Gross Written Premium by Category (US$ Million), 2009-2013
Table 16: Argentine Persol Accident and Health Insurance - Gross Written Premium by Category (ARS Million), 2013-2018
Table 17: Argentine Persol Accident and Health Insurance - Gross Written Premium by Category (US$ Million), 2013-2018
Table 18: Argentine Persol Accident and Health Insurance - Direct Written Premium by Category (ARS Million), 2009-2013
Table 19: Argentine Persol Accident and Health Insurance - Direct Written Premium by Category (US$ Million), 2009-2013
Table 20: Argentine Persol Accident and Health Insurance - Direct Written Premium by Category (ARS Million), 2013-2018
Table 21: Argentine Persol Accident and Health Insurance - Direct Written Premium by Category (US$ Million), 2013-2018
Table 22: Argentine Persol Accident and Health Insurance - Earned Premium (ARS Million), 2009-2013
Table 23: Argentine Persol Accident and Health Insurance - Earned Premium (ARS Million), 2013-2018
Table 24: Argentine Persol Accident and Health Insurance - Paid Claims by Category (ARS Million), 2009-2013
Table 25: Argentine Persol Accident and Health Insurance - Paid Claims by Category (US$ Million), 2009-2013
Table 26: Argentine Persol Accident and Health Insurance - Paid Claims by Category (ARS Million), 2013-2018
Table 27: Argentine Persol Accident and Health Insurance - Paid Claims by Category (US$ Million), 2013-2018
Table 28: Argentine Persol Accident and Health Insurance - Incurred Loss by Category (ARS Million), 2009-2013
Table 29: Argentine Persol Accident and Health Insurance - Incurred Loss by Category (US$ Million), 2009-2013
Table 30: Argentine Persol Accident and Health Insurance - Incurred Loss by Category (ARS Million), 2013-2018
Table 31: Argentine Persol Accident and Health Insurance - Incurred Loss by Category (US$ Million), 2013-2018
Table 32: Argentine Persol Accident and Health Insurance - Retention by Category (ARS Million), 2009-2013
Table 33: Argentine Persol Accident and Health Insurance - Retention by Category (US$ Million), 2009-2013
Table 34: Argentine Persol Accident and Health Insurance - Retention by Category (ARS Million), 2013-2018
Table 35: Argentine Persol Accident and Health Insurance - Retention by Category (US$ Million), 2013-2018
Table 36: Argentine Persol Accident and Health Insurance - Loss Ratio (%), 2009-2013
Table 37: Argentine Persol Accident and Health Insurance - Loss Ratio (%), 2013-2018
Table 38: Argentine Persol Accident and Health Insurance - Commission and Expenses (ARS Million), 2009-2013
Table 39: Argentine Persol Accident and Health Insurance - Commission and Expenses (ARS Million), 2013-2018
Table 40: Argentine Persol Accident and Health Insurance - Combined Ratio (%), 2009-2013
Table 41: Argentine Persol Accident and Health Insurance - Combined Ratio (%), 2013-2018
Table 42: Argentine Persol Accident and Health Insurance - Frauds and Crimes (ARS Million), 2009-2013
Table 43: Argentine Persol Accident and Health Insurance - Frauds and Crimes (ARS Million), 2013-2018
Table 44: Argentine Persol Accident and Health Insurance - Total Assets (ARS Million), 2009-2013
Table 45: Argentine Persol Accident and Health Insurance - Total Assets (ARS Million), 2013-2018
Table 46: Argentine Persol Accident and Health Insurance - Total Investment Income (ARS Million), 2009-2013
Table 47: Argentine Persol Accident and Health Insurance - Total Investment Income (ARS Million), 2013-2018
Table 48: Argentine Persol Accident and Health Insurance - Retentions (ARS Million), 2009-2013
Table 49: Argentine Persol Accident and Health Insurance - Retentions (ARS Million), 2013-2018
Table 50: Argentine Persol Accident Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 51: Argentine Persol Accident Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 52: Argentine Persol Accident Insurance - Gross Written Premium (ARS Million), 2009-2013
Table 53: Argentine Persol Accident Insurance - Gross Written Premium (ARS Million), 2013-2018
Table 54: Argentine Persol Accident Insurance - Loss Ratio (%), 2009-2013
Table 55: Argentine Persol Accident Insurance - Loss Ratio (%), 2013-2018
Table 56: Argentine Travel Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 57: Argentine Travel Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 58: Argentine Travel Insurance - Gross Written Premium (ARS Million), 2009-2013
Table 59: Argentine Travel Insurance - Gross Written Premium (ARS Million), 2013-2018
Table 60: Argentine Travel Insurance - Loss Ratio (%), 2009-2013
Table 61: Argentine Travel Insurance - Loss Ratio (%), 2013-2018
Table 62: Argentine Health Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 63: Argentine Health Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 64: Argentine Health Insurance - Gross Written Premium (ARS Million), 2009-2013
Table 65: Argentine Health Insurance - Gross Written Premium (ARS Million), 2013-2018
Table 66: Argentine Health Insurance - Direct Written Premium (ARS Million), 2009-2013
Table 67: Argentine Health Insurance - Direct Written Premium (ARS Million), 2013-2018
Table 68: Argentine Health Insurance - Loss Ratio (%), 2009-2013
Table 69: Argentine Health Insurance - Loss Ratio (%), 2013-2018
Table 70: Argentine Health Insurance - Retention (ARS Million), 2009-2013
Table 71: Argentine Health Insurance - Retention (ARS Million), 2013-2018
Table 72: Argentine Persol Accident and Health Insurance - Direct Marketing Commission Paid (ARS Million), 2009-2013
Table 73: Argentine Persol Accident and Health Insurance - Direct Marketing Commission Paid (ARS Million), 2013-2018
Table 74: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through Direct Marketing (ARS Million), 2009-2013
Table 75: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through Direct Marketing (ARS Million), 2013-2018
Table 76: Argentine Persol Accident and Health Insurance - Policies Sold Through Direct Marketing (Thousand), 2009-2013
Table 77: Argentine Persol Accident and Health Insurance - Policies Sold Through Direct Marketing (Thousand), 2013-2018
Table 78: Argentine Persol Accident and Health Insurance - Number of Direct Marketing Distributors, 2009-2013
Table 79: Argentine Persol Accident and Health Insurance - Number of Direct Marketing Distributors, 2013-2018
Table 80: Argentine Persol Accident and Health Insurance - Bancassurance Commission Paid (ARS Million), 2009-2013
Table 81: Argentine Persol Accident and Health Insurance - Bancassurance Commission Paid (ARS Million), 2013-2018
Table 82: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through Bancassurance (ARS Million), 2009-2013
Table 83: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through Bancassurance (ARS Million), 2013-2018
Table 84: Argentine Persol Accident and Health Insurance - Policies Sold Through Bancassurance (Thousand), 2009-2013
Table 85: Argentine Persol Accident and Health Insurance - Policies Sold Through Bancassurance (Thousand), 2013-2018
Table 86: Argentine Persol Accident and Health Insurance - Number of Bancassurance Distributors, 2009-2013
Table 87: Argentine Persol Accident and Health Insurance - Number of Bancassurance Distributors, 2013-2018
Table 88: Argentine Persol Accident and Health Insurance - Commission Paid to Agencies (ARS Million), 2009-2013
Table 89: Argentine Persol Accident and Health Insurance - Commission Paid to Agencies (ARS Million), 2013-2018
Table 90: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through Agencies (ARS Million), 2009-2013
Table 91: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through Agencies (ARS Million), 2013-2018
Table 92: Argentine Persol Accident and Health Insurance - Policies Sold Through Agencies (Thousand), 2009-2013
Table 93: Argentine Persol Accident and Health Insurance - Policies Sold Through Agencies (Thousand), 2013-2018
Table 94: Argentine Persol Accident and Health Insurance - Number of Agencies, 2009-2013
Table 95: Argentine Persol Accident and Health Insurance - Number of Agencies, 2013-2018
Table 96: Argentine Persol Accident and Health Insurance - E-Commerce Commission Paid (ARS Million), 2009-2013
Table 97: Argentine Persol Accident and Health Insurance - E-Commerce Commission Paid (ARS Million), 2013-2018
Table 98: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through E-Commerce (ARS Million), 2009-2013
Table 99: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through E-Commerce (ARS Million), 2013-2018
Table 100: Argentine Persol Accident and Health Insurance - Policies Sold Through E-Commerce (Thousand), 2009-2013
Table 101: Argentine Persol Accident and Health Insurance - Policies Sold Through E-Commerce (Thousand), 2013-2018
Table 102: Argentine Persol Accident and Health Insurance - Number of E-Commerce Distributors, 2009-2013
Table 103: Argentine Persol Accident and Health Insurance - Number of E-Commerce Distributors, 2013-2018
Table 104: Argentine Persol Accident and Health Insurance - Commission Paid to Brokers (ARS Million), 2009-2013
Table 105: Argentine Persol Accident and Health Insurance - Commission Paid to Brokers (ARS Million), 2013-2018
Table 106: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through Brokers (ARS Million), 2009-2013
Table 107: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through Brokers (ARS Million), 2013-2018
Table 108: Argentine Persol Accident and Health Insurance - Policies Sold Through Brokers (Thousand), 2009-2013
Table 109: Argentine Persol Accident and Health Insurance - Policies Sold Through Brokers (Thousand), 2013-2018
Table 110: Argentine Persol Accident and Health Insurance - Number of Brokers, 2009-2013
Table 111: Argentine Persol Accident and Health Insurance - Number of Brokers, 2013-2018
Table 112: Argentine Persol Accident and Health Insurance - Commission Paid to Other Channels (ARS Million), 2009-2013
Table 113: Argentine Persol Accident and Health Insurance - Commission Paid to Other Channels (ARS Million), 2013-2018
Table 114: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through Other Channels (ARS Million), 2009-2013
Table 115: Argentine Persol Accident and Health Insurance - Gross Written Premium New Business Through Other Channels (ARS Million), 2013-2018
Table 116: Argentine Persol Accident and Health Insurance - Policies Sold Through Other Channels (Thousand), 2009-2013
Table 117: Argentine Persol Accident and Health Insurance - Policies Sold Through Other Channels (Thousand), 2013-2018
Table 118: Argentine Persol Accident and Health Insurance - Number of Distributors in Other Channels, 2009-2013
Table 119: Argentine Persol Accident and Health Insurance - Number of Distributors in Other Channels, 2013-2018
Table 120: Argentine Reinsurance - Premium Accepted by Category (ARS Million), 2009-2013
Table 121: Argentine Reinsurance - Premium Accepted by Category (US$ Million), 2009-2013
Table 122: Argentine Reinsurance - Premium Accepted by Category (ARS Million), 2013-2018
Table 123: Argentine Reinsurance - Premium Accepted by Category (US$ Million), 2013-2018
Table 124: Argentine Reinsurance - Premium Ceded by Type of Insurance (ARS Million), 2009-2013
Table 125: Argentine Reinsurance - Premium Ceded by Type of Insurance (US$ Million), 2009-2013
Table 126: Argentine Reinsurance - Premium Ceded by Type of Insurance (ARS Million), 2013-2018
Table 127: Argentine Reinsurance - Premium Ceded by Type of Insurance (US$ Million), 2013-2018
Table 128: Argentine Persol Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2009-2013
Table 129: Argentine Persol Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2013-2018
Table 130: Argenti - Life Insurance Regulatory Framework
Table 131: Argenti - Property Insurance Regulatory Framework
Table 132: Argenti - Motor Insurance Regulatory Framework
Table 133: Argenti - Corporate Taxes for the Fincial Year 2014
Table 134: Meridiol Seguros de Argenti, Key Facts
Table 135: Alico Compania de Seguros SA, Key Facts
Table 136: ACE Argenti, Key Facts
Table 137: MetLife Seguros de Vida SA, Key Facts
Table 138: HSBC Seguros de Vida Argenti SA, Key Facts
Table 139: Santander Rio Seguros SA, Key Facts
Table 140: BBVA Consolidar Seguros SA, Key Facts
Table 141: CNP Assurances Compania de Seguros SA, Key Facts
Table 142: Mapfre Argenti Seguros De Vida SA, Key Facts
Table 143: Origenes�Seguros De�Vida SA, Key Facts
Table 144: Caja de Seguros SA, Key Facts
Table 145: ci�n Seguros SA, Key Facts